Price for Cereal Grains; Rolled or Flaked, of Oats in Norway - 2024
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Oats in Norway (FOB) - 2022
- Price for Cereal Grains; Rolled or Flaked, of Oats in Norway (CIF) - 2022
- Exports of Cereal Grains; Rolled or Flaked, of Oats in Norway
- Imports of Cereal Grains; Rolled or Flaked, of Oats in Norway
Price for Cereal Grains; Rolled or Flaked, of Oats in Norway (FOB) - 2022
The average export price for cereal grains; rolled or flaked, of oatses stood at $2,599 per ton in 2022, which is down by -3.1% against the previous year. Overall, the export price saw a sharp contraction. The pace of growth was the most pronounced in 2021 an increase of 67%. The export price peaked at $29,276 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($3,967 per ton), while the average price for exports to Sweden amounted to $2,576 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cereal Grains; Rolled or Flaked, of Oats in Norway (CIF) - 2022
The average import price for cereal grains; rolled or flaked, of oatses stood at $1,622 per ton in 2022, declining by -12.1% against the previous year. In general, the import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by 23%. As a result, import price attained the peak level of $2,802 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($4,704 per ton), while the price for Ireland ($1,470 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.9%), while the prices for the other major suppliers experienced a decline.
Exports of Cereal Grains; Rolled or Flaked, of Oats in Norway
Exports of cereal grains; rolled or flaked, of oatses from Norway stood at 252 tons in 2022, picking up by 1.7% against 2021 figures. Over the period under review, exports, however, saw a mild reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 105% against the previous year. As a result, the exports attained the peak of 545 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cereal grains; rolled or flaked, of oatses contracted slightly to $654K in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 32% against the previous year. As a result, the exports reached the peak of $877K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cereal Grains; Rolled or Flaked, of Oats in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 638 | 810 | 657 | 634 | -0.2% |
| United Kingdom | 3.9 | 14.7 | 6.3 | 17.8 | 65.9% |
| Kuwait | 18.5 | 52.4 | N/A | N/A | 183.2% |
| Others | 2.1 | 0.2 | 0.5 | 2.3 | 3.1% |
| Total | 663 | 877 | 664 | 654 | -0.5% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Norway in 2022:
- Sweden (246.3 tons)
- United Kingdom (4.5 tons)
Imports of Cereal Grains; Rolled or Flaked, of Oats in Norway
In 2022, the amount of cereal grains; rolled or flaked, of oatses imported into Norway soared to 391 tons, increasing by 48% on the previous year's figure. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.2% against 2020 indices.
In value terms, imports of cereal grains; rolled or flaked, of oatses surged to $635K in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.
| Import of Cereal Grains; Rolled or Flaked, of Oats in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 313 | 494 | 307 | 388 | 7.4% |
| Germany | 106 | 17.7 | 37.5 | 127 | 6.2% |
| Denmark | 53.0 | 39.6 | 72.3 | 71.9 | 10.7% |
| Sweden | 27.9 | 66.5 | 26.7 | 18.8 | -12.3% |
| United Kingdom | 35.1 | 31.9 | 7.4 | 1.5 | -65.0% |
| Others | 16.8 | 27.2 | 36.5 | 27.0 | 17.1% |
| Total | 551 | 677 | 487 | 635 | 4.8% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Norway in 2022:
- Ireland (264.0 tons)
- Germany (78.4 tons)
- Denmark (38.0 tons)
- Sweden (4.0 tons)
- United Kingdom (0.4 tons)
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